Funding arb · Price arb /

SOL

all SOL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Arcus against StandX+0.083%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on StandX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.001%$0 on $10k

Price spread, last 7 days−0.013%−$1 · spread now +0.083%, 7d avg +0.006%

Together, before fees−0.012%+ Points / potential airdropStandX: Active · farm board−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.076% dearer against StandX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SOL-USD	118.52	0.0100	pay 0.0013% / 1h	9m 35s	$1.3M	$13.6M	30x
Short	Arcus SOL-USD	118.62	0.0100	get 0.0013% / 1h	9m 35s	$1.9M	$9.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against StandX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee StandXbpFee ArcusbpOrdersPrice spread, now +0.083%Rate

Funding earned: $0
Price spread: +0.083% → +0.006%: $7.62
Slippage, 4 orders: −$12.32
Fee StandX: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$17.21
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from StandX: live order book, 5 min ago; Arcus: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy StandX live order book, 5 min ago	4.22 bp	9.8 bp −$10	10.5 bp −$105	23.6 bp −$2,359	doesn't fit
Sell Arcus live order book, 5 min ago	0.21 bp	3.0 bp −$3	3.1 bp −$31	5.8 bp −$581	doesn't fit

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Derive SOL-PERP	−0.0100%	1h	118.54	+0.013%	$2.0M	$2.8M	13x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	118.65	+0.106%	$841	$8K	25x	as long as short
Vest SOL-PERP	−0.0077%	1h	118.56	+0.030%	—	$723K	20x	as long as short
dYdX SOL-USD	−0.0021%	1h	118.60	+0.067%	$4.8M	$28.0M	20x	as long as short
ApeX Omni SOLUSDT	−0.0014%	1h	118.53	+0.008%	$1.5M	$6.2M	50x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0006% / S +0.0004%	1h	118.61	+0.075%	$113K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	118.59	+0.061%	$1.2M	$20.8M	3.1x	as long as short
Perpl SOL	0.0000%	43m	118.62	+0.084%	$174K	$3.9M	8.3x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0069%	1h	118.68	+0.133%	$26.6M	$25.8M	50x	as long as short
Gate SOL_USDT	+0.0070%	8h	118.61	+0.076%	$865.5M	$687.2M	100x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SOL_USDC	+0.0076%	8h	118.63	+0.096%	$1.0M	$5.9M	100x	as long as short
HTX SOL-USDT	+0.0078%	8h	118.55	+0.024%	$230.8M	$45.1M	75x	as long as short
01 Exchange SOLUSD	+0.0080%	1h	118.62	+0.084%	$104K	$158K	20x	as long as short
BingX SOL-USDC	+0.0080%	8h	118.58	+0.046%	—	$10.5M	—	as long as short
Lighter SOL	+0.0096%	1h	118.62	+0.084%	$13.4M	$56.6M	25x	as long as short
Lighter RH SOL	+0.0096%	1h	118.61	+0.076%	$2.1M	$17.1M	25x	as long as short
Hibachi SOL/USDT-P	+0.0096%	1h	118.54	+0.016%	$120K	$631K	20x	as long as short
Aevo SOL-PERP	+0.0096%	1h	118.61	+0.076%	$351K	$748K	20x	as long as short
Coinbase International SOL-PERP-INTX	+0.0096%	1h	118.61	+0.072%	$8.1M	$416.0M	50x	as long as short
Paradex SOL-USD-PERP	+0.0100%	8h	118.59	+0.062%	$1.0M	$521K	50x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	118.58	+0.051%	$45K	$802K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	118.63	+0.089%	$5.8M	$40.9M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	118.74	+0.186%	$718.0M	$407.1M	20x	as long as short
Aster SOLUSDT	+0.0100%	8h	118.58	+0.051%	$178.3M	$177.4M	100x	as long as short
Pacifica SOL	+0.0100%	1h	118.62	+0.085%	$12.2M	$122.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	118.60	+0.067%	$978.0M	$3.82B	100x	as long as short
Bybit SOLUSDT	+0.0100%	8h	118.61	+0.076%	$822.2M	$1.28B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	118.60	+0.067%	$370.0M	$1.72B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	118.55	+0.025%	$229K	$877K	10x	as long as short
Arcus SOL-USDshort	+0.0100%	1h	118.62	+0.083%	$1.9M	$9.0M	20x
Bulk SOL-USD	+0.0100%	1h	118.65	+0.107%	$133.6M	$4.4M	20x	as long as short
MEXC SOL_USDT	+0.0100%	8h	118.59	+0.059%	$425.1M	$1.13B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	118.64	+0.098%	$137.8M	$206.1M	75x	as long as short
Bitget SOLUSDT	+0.0100%	8h	118.63	+0.092%	$492.1M	$459.1M	100x	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	118.65	+0.110%	$24.1M	$38.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	118.48	−0.036%	$26.9M	$129.1M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	118.54	+0.019%	$95.2M	$402.4M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	118.48	−0.031%	$48.5M	$30.8M	20x	as long as short
StandX SOL-USDlong	+0.0100%	1h	118.52	long leg	$1.3M	$13.6M	30x
Polymarket Perps SOL-USD	+0.0100%	1h	118.63	+0.093%	$361K	$2.4M	20x	as long as short
Bullet SOL-USD	+0.0100%	1h	118.58	+0.052%	$200K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	118.62	+0.083%	$37K	$17K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	118.64	+0.098%	$193K	$1.9M	30x	as long as short
SoDEX SOL-USD	+0.0100%	1h	118.61	+0.076%	$6.2M	$10.8M	20x	as long as short
Phemex SOLUSDT	+0.0100%	8h	118.60	+0.067%	$46.4M	$102.6M	50x	as long as short
Phoenix SOL	+0.0100%	1h	118.69	+0.143%	$6.6M	$13.7M	25x	as long as short
Extended SOL-USD	+0.0104%	1h	118.54	+0.018%	$8.6M	$36.0M	50x	as long as short
Kraken Futures PF_SOLUSD	+0.0105%	1h	118.63	+0.089%	$32.5M	$97.1M	100x	as long as short
Aftermath Perps SOLUSD	+0.0112%	1h	118.62	+0.085%	$24K	$47K	20x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0048%	1h	118.58	+0.046%	—	$226.2M	500x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0167% / S −0.0070%	1h	118.59	+0.061%	$3.7M	—	200x	as long as short
Injective SOL/USDC PERP	+0.0170%	1h	118.91	+0.329%	$4K	$2K	12x	as long as short
Reya SOLRUSDPERP	+0.0184%	1h	118.62	+0.084%	$1.1M	$538K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	118.48	−0.034%	$51.8M	$80.0M	125x	as long as short
RISEx SOL/USDC	+0.0226%	1h	118.59	+0.057%	$1.8M	$4.9M	20x	as long as short